4701 5TH AVE S MINNEAPOLIS MN 55419

PID: 1502824110156

Property Overview

Parcel ID1502824110156

Lot Size4,767 sq ft (0.109 ac)

Lot Dimensions (est.)119 ft wide × 40 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerA J LOCHNER & R S LAKIN

Assessed Value$351,600

Land Value$131,000

Building Value$220,600

Annual Tax$5,214

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · $21K total declared value · Most recent: Apr 2026 (existres)

ExistresApr 2026Closed

Blue Ox Heating and Air LLC

RemodelAug 2018Closed

$21K

BUILDER JONES LLC

ResApr 2018Closed

CENTERPOINT ENERGY

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Field · Minneapolis

Median reported rent1,858/mo

Renter-occupied11.4%

Median home value$326K

Vacancy rate2.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1109

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width106 ft

Buildable depth0 ft

Area~2,137 sqft

Lot dimensions are insufficient for the standard setbacks shown.

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 2,137 sqft buildable area.

Est. units

Yield on cost

1.6%

Spread

-3.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4705 5TH AVE S MINNEAPOLIS MN 55419	HAROLD G ADAMS & WIFE	RESIDENTIAL	$272,800	40 ft
4709 5TH AVE S MINNEAPOLIS MN 55419	K A BLAUVELT & C J ZOLL	RESIDENTIAL	$447,200	80 ft
4715 5TH AVE S MINNEAPOLIS MN 55419	LYNDSEY SYPHERD	RESIDENTIAL	$390,300	120 ft
500 47TH ST E MINNEAPOLIS MN 55419	JENNIFER JOYE BRATVOLD	RESIDENTIAL	$303,100	123 ft
4700 PORTLAND AVE MINNEAPOLIS MN 55407	P JACOBSEN & C JACOBSEN	RESIDENTIAL	$286,100	133 ft
4704 PORTLAND AVE MINNEAPOLIS MN 55407	P & K LEE-KAROL	RESIDENTIAL	$302,900	138 ft
506 47TH ST E MINNEAPOLIS MN 55419	K T MILLER & A A LEE	RESIDENTIAL	$433,600	144 ft
4708 PORTLAND AVE MINNEAPOLIS MN 55407	S SKAAR & G ST CLAIR	RESIDENTIAL	$280,400	154 ft
4717 5TH AVE S MINNEAPOLIS MN 55419	D J THIEDE & J L H THIEDE	RESIDENTIAL	$335,000	160 ft
4656 PORTLAND AVE MINNEAPOLIS MN 55407	ELIZABETH M BERG	RESIDENTIAL	$310,600	169 ft

Property History

Most Recent Sale

Date202403

Price$450,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,214